Norges Bank Takes Position in Rithm Capital Corp. $RITM

Posted by Francis Steltz on Jun 7th, 2026

Norges Bank bought a new stake in Rithm Capital Corp. (NYSE:RITM – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 7,070,408 shares of the real estate investment trust’s stock, valued at approximately $77,067,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. AIA Group Ltd grew its stake in Rithm Capital by 86.9% in the 3rd quarter. AIA Group Ltd now owns 326,436 shares of the real estate investment trust’s stock valued at $3,718,000 after buying an additional 151,733 shares during the last quarter. Waterfall Asset Management LLC grew its stake in Rithm Capital by 169.7% in the 3rd quarter. Waterfall Asset Management LLC now owns 360,573 shares of the real estate investment trust’s stock valued at $4,115,000 after buying an additional 226,859 shares during the last quarter. Public Sector Pension Investment Board acquired a new position in Rithm Capital in the 3rd quarter valued at about $1,519,000. Envestnet Asset Management Inc. grew its stake in Rithm Capital by 246.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 433,567 shares of the real estate investment trust’s stock valued at $4,938,000 after buying an additional 308,555 shares during the last quarter. Finally, Magnetar Financial LLC grew its stake in Rithm Capital by 188.8% in the 3rd quarter. Magnetar Financial LLC now owns 295,499 shares of the real estate investment trust’s stock valued at $3,366,000 after buying an additional 193,167 shares during the last quarter. 44.92% of the stock is owned by institutional investors.

Insider Activity

In other Rithm Capital news, Director David Saltzman sold 80,922 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $9.25, for a total transaction of $748,528.50. Following the transaction, the director owned 44,248 shares in the company, valued at $409,294. This represents a 64.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by insiders.

Rithm Capital Stock Performance

Shares of NYSE:RITM opened at $9.13 on Friday. The company’s 50 day moving average price is $9.59 and its two-hundred day moving average price is $10.36. Rithm Capital Corp. has a 12-month low of $8.43 and a 12-month high of $12.74. The firm has a market cap of $5.10 billion, a PE ratio of 8.37 and a beta of 1.14. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 4.02.

Rithm Capital (NYSE:RITM – Get Free Report) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.02). Rithm Capital had a return on equity of 19.48% and a net margin of 14.44%.The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.27 billion. Equities research analysts predict that Rithm Capital Corp. will post 2.27 earnings per share for the current year.

Rithm Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Monday, April 6th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date was Monday, April 6th. Rithm Capital’s dividend payout ratio is presently 91.74%.

Wall Street Analyst Weigh In

RITM has been the topic of a number of research reports. BTIG Research reiterated a “buy” rating and issued a $16.00 price target on shares of Rithm Capital in a research note on Friday, April 10th. Wall Street Zen lowered shares of Rithm Capital from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Piper Sandler decreased their price target on shares of Rithm Capital from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. JonesTrading reiterated a “buy” rating and issued a $13.50 price target on shares of Rithm Capital in a research note on Tuesday, April 28th. Finally, Royal Bank Of Canada decreased their price target on shares of Rithm Capital from $14.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $13.61.

Get Our Latest Report on RITM

Rithm Capital Company Profile

(Free Report)

Rithm Capital Corporation is a specialty finance company that originates, acquires and manages structured credit investments collateralized by real estate assets in the United States. The company focuses primarily on senior floating-rate loans secured by multifamily, commercial, industrial and single-family rental properties, aiming to deliver attractive risk-adjusted yields through a diversified portfolio of floating-rate real estate debt.

In addition to senior loans, Rithm Capital invests in residential mortgage-backed securities, including agency and non-agency pools, as well as other real estate-related credit instruments.